Monday, August 6, 2018

CIT(A) could pass order on issues which weren't raised while filing first appeal against order of AO: HC

IT: Purpose and object of orders passed under act is to ensure that Act is properly implemented and assessee is not burdened with tax which under law, it is not obliged to pay

from www.taxmann.com Latest Case Laws https://ift.tt/2MnG1s1

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...